In this week’s recap: Volatile week ends on rebound. Weekly Economic Update Presented by Rabenold Advisors, January 31, 2022 THE WEEK ON WALL STREET An exceptionally volatile week, marked by wide intraday price swings, whipsawed investors with stocks ending higher following a surge to the upside on the final trading day of the week. The … Read More
In this week’s recap: Stocks sink on rate hike talk. Weekly Economic Update Presented by Rabenold Advisors, January 24, 2022 THE WEEK ON WALL STREET Stocks extended their January retreat as worries over inflation and rising bond yields continued to exert downward pressure on prices. The Dow Jones Industrial Average slid 4.58%, while the Standard … Read More
In this week’s recap: Volatile week as Fed speaks of multiple rate hikes. Weekly Economic Update Presented by Rabenold Advisors, January 18, 2022 THE WEEK ON WALL STREET Deteriorating investor enthusiasm for high-valuation growth companies and a mixed start to the fourth-quarter earnings season made for a volatile week. The Dow Jones … Read More
In this week’s recap: Hawkish Fed sees bonds higher and stocks retreat. Weekly Economic Update Presented by Rabenold Advisors, January 10, 2022 THE WEEK ON WALL STREET A jump in yields sparked by a more aggressive sounding Federal Reserve sent the market lower to start the new year. The Dow Jones Industrial Average fell 0.29%, … Read More
In this week’s recap: Despite Omicron concerns, stocks end year mostly positive, with strong holiday sales figures. Weekly Economic Update Presented by Rabenold Advisors, January 3, 2022 THE WEEK ON WALL STREET Stocks closed out the year on a mostly positive note, adding to the year’s gains as concerns about the economic issues of Omicron … Read More